The Nobel Peace Prize is one of the five Nobel prizes which were instituted by the inventor and Swedish industrialist Alfred Nobel. This award is " the person who has worked more or better for fraternity among Nations, the abolition or reduction of the existing armies and the celebration and promotion of 34 peace processes; according to the own Nobel's will. While the delivery of the remaining Nobel prizes takes place in Stockholm, capital of Sweden, this prize is given in the city of Oslo, the capital of Norway by the Norwegian Nobel Committee of the Norwegian Parliament.